Deteriorating Enrollment In Addition To Fiscal Province Of Affairs Consequence Inwards Closure Of Dowling College

 

Adina Genn reported for the Long Island Business News today that Dowling College volition close on June 3rd.  Dowling was founded inwards 1968 in addition to the campus was centered on a quondam Vanderbilt estate.

The Chronicle of Higher Education also features an article yesteryear Emma Pettit, "Dowling College, Long inwards Financial Trouble volition Close Friday."As both of these articles indicate, Dowling has been struggling to keep enrollment in addition to had been inwards fiscal difficulty for around time.  

Using a model publicized on The Sustainable University website, Dowling's fiscal province of affairs was unsustainable in addition to deteriorated inwards recent years.  Following calculation of ratios, two stars are placed on the chart.  The i inwards jail cellular telephone A2 reflects changes inwards Dowling's expense in addition to equity ratios for the v twelvemonth menses from FY2004 through FY2008.  The star inwards the A3 inwards the upper correct manus corner reflects changes inwards ratios from FY2011 through FY2015.

Data for the next tabular array were pulled from the Integrated Postsecondary Education Data System (IPEDS) in addition to for sure demo the hard province of affairs  that led to the determination to close.  Expenses did non turn down equally chop-chop equally either enrollment or revenues over the menses from FY2011 through FY2015.  

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